How to buy gold bars in China Bank?
The main ways for banks to invest in gold sales are as follows:
1, sold to institutions when buying gold bars. If the banks and merchants who originally purchased gold bars have a repurchase contract or promise to buy back, they can buy back in the agreed way. For example, it is most convenient to buy it at a bank and sell it to the bank;
2, sold to gold jewelry stores. This is equivalent to being recycled by other businesses, and investors have to occupy a certain disadvantage in terms of discount and depreciation. Because other businesses are generally reluctant to recycle if they can't eat a certain spread, in fact, many gold sales organizations will not accept gold bars sold by other institutions, and will only buy gold bars processed and sold by their own homes;
3. Sold to gold recycling companies such as pawn shops. If gold bars are not recycled where they are bought, gold companies such as gold jewelry stores do not want them, and they can only be sold to gold recycling companies such as pawn shops. Selling to pawn shops is generally used for second-hand treatment. Pawnshops have a lot of bargaining space, so the selling price will be lower than selling to banks and gold shops.